We are not the cheapest. But that’s good!

“It’s unwise to pay too much, but it’s worse to pay too little.”

Low prices definitely make me suspicious, because I’m sure you’ve heard of the phrase: you get what you pay for.

That’s not to say you should be throwing money away. Cash is so important at all stages of business, and no-one wants to waste it. 

We often hear of accountants taking ages to reply, not providing any insight, and charging extra for support if you do need it. We hear about the pain of last-minute tax bills, unmet reporting deadlines, and only focusing on what happened last year (ie not thinking about the future growth). 

In fact, I hear that a lot. And it’s frustrating. As a business owner, you want (and need) a finance partner you can rely on, who is commercially focussed, and entrepreneurial too. 

We know this because we also have high expectations of our outsource partners and the people we work with!

We aren’t the right fit for everyone – and that’s okay

This blog (and some of our others) will explain what we do and why we do it. This is so that we can give you all the information to make an informed decision. So in the interest of transparency, here’s an example of someone that we might not be right for:

People looking for a traditional accountant. If you aren’t happy to use the latest technology, are still a big fan of only using paper records, and aren’t happy to spread your payments monthly, then ledgrr. are likely not your best fit. 

Not to worry though, we are more than happy to recommend some trusted partners who can help. 

We understand that we won’t be a match for everyone. On the other hand, if you’re a business owner and you want a better life for yourself, better insight into your business, and more freedom to focus on what you love doing – then read on!

More than compliance

When we work together, we don’t price you up a piece of work that we do once a year and wish you luck for the next 12 months. We are part of your team, working with you all year round, invested in your growth. 

Because of this, here are a few things that we are able to do which makes us different from most:

• Regular bookkeeping, making sure your numbers are always up to date meaning you can focus on running the business.

• Respond quickly, via slack (instant messaging) or email. We never charge for additional support questions like most accountants. All of our packages come with unlimited support, so you won’t be frustrated waiting for your accountant to respond to a simple question.

• Invest in state-of-the-art systems and technology, meaning we’re efficient, and always able to be ahead of statutory deadlines. This means you can be safe in the knowledge that your business is always ahead of the curve.

• Have regular strategy meetings with you, where we can provide business advisory and discuss the direction of your business, and we can grow it together.

• Provide you with up-to-date management reports so you always know how your business is performing and keep your finger on the pulse.

So while there are cheap options out there that will keep you compliant with HMRC, that is the bare minimum that you should be looking for. 

Do you want to settle for the bare minimum after taking the leap to start your own business? 

We’re experts at what we do, and we’re there with you every step of the way. So you can rest assured that your finance function is in good hands, whilst you focus on running your business. 

A forward-thinking solution

We go into this more in our blog about choosing the right accountant. But in summary, we don’t just focus on the past, we are constantly looking to improve the future. Be that profits or cash flow, we are always on the lookout for how we can improve your business as a whole. 

Because of this, our prices are based on individual situations. Since every business’s needs are different, we base our fees on the number of transactions, size of the business, and the amount of work we need to add the most possible value. 

We have a logical and transparent approach to our pricing, and we’d be doing you a disservice if we charged everyone the same fee irrespective of what they wanted and needed. We tailor each package for each situation, and that’s fair!

Don’t worry, will always review our pricing to make sure you are always paying the right amount.

Lump-sum payments

If this all sounds good, then you’re ready to see all the value that we can bring to you. If you’re worried about having a big lump-sum payment for your accounts – then I have some (pardon the pun) good news.

Because we work as part of your team through the year, we always spread your investment in us through the year too (via direct debit). 

That’s right! No more big payments that you have to save up for to pay your accountant at year-end! Everything automated.

We love our clients, and we never want to see them face big unexpected bills. In fact, we help our clients improve their cash flow position in our work. We run a business too and we know how horrible unexpected payments are – so you will never have that from us.

Your own pricing

We’d also encourage you to do this with your own pricing. The price for your goods or services shouldn’t be a race to the bottom. You are great at what you do, you provide value to your customers, and your price should reflect that. 

As we mentioned earlier, low prices can be off-putting and may reflect badly on the perceived value of your services. So price fairly, price what you are really worth, and start having confidence in your business.

PS – if you’d like to have a chat about how we can help you get the business you deserve, click here to book a meeting.

We can plan out a roadmap to kickstart your finance function!